European secondary Al price slip tempered by cracks in scrap market

Mar 30, 2012 | 08:18 AM |

European secondary aluminium prices remained broadly flat on Friday March 30 as the market slowed ahead of the Easter holiday, though prices dipped on the low end as some buyers in southern Europe secured lower numbers.  DIN226 pressure diecasting ingot slipped to €1,760-1,850 ($2,341-2,461) per tonne, from €1,780-1,850 previously. Producers in Germany and Austria reported the highest numbers, while those in Italy and elsewhere to the south reported lower numbers. “Ingot is sliding and demand is very light as....

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